Discover Bank is a well-known online bank that provides a variety of financial services including credit cards, personal loans, home loans, and student loans. The appeal of the bank is that it’s all online. And, Discover online banking has proven to be quite popular amongst a variety of different customers due to their fantastic credit card offerings.
When it comes down to it, Discover offers two main types of credit cards: Cash Back Credit Cards and Student Credit Cards. Cash Back Credit Cards are a good option for people who can’t apply for other cards with high-value benefits or who want to enjoy, well, cash back. The Discover student card is a student-friendly credit card that helps younger people build their credit.
Not sure which Discover credit card is right for you? Here are the best credit cards from Discover Bank.
Best Discover Credit Cards
Discover it Student Cash Back Credit Card
If you’re just starting to build credit or don’t qualify for other credit cards, check out the Discover it Student Cash Back credit card. It’s one of the best credit cards for college students as it comes with a $0 annual fee and a high percentage cash back rate. On top of that, there is no late fee on your first late payment plus a $20 annual statement credit for good grades.
Annual fee: $0
Regular APR: 0% intro APR for the first 6 months, then 14.49%-23.49% variable APR will be applied.
Welcome bonus: No
Rewards: 5% cash back will be applied to everyday purchases each quarter when you activate it in a 5% Discover cashback calendar; unlimited 1% cash back for all other purchases.
Discover it Secured Credit Card
The Discover it Secured card is not only one of the best Discover credit cards for those with bad credit, but it’s also one of the best credit cards for college students, too. Because it’s a secured credit card, you don’t need good credit to qualify. But, you will have to pay a deposit that will later become your credit limit.
Annual fee: $0
Regular APR: 22.99%
Welcome bonus: No
Rewards: Earn 2% cash back at gas stations and restaurants on up to $1,000 in purchases each quarter. Plus, earn unlimited 1% cash back on all other purchases.
Discover it Business Card
If you own a small business or have a pretty steady stream of income from a side hustle, the Discover it Business Card is the best Discover credit card for you. The Discover Cashback Match that Discover offers is pretty hard to beat for a card with no annual fee. Plus, if you’re using it as a small business card, you can get free additional employee cards and the ability to track business expenses via Quicken and QuickBooks.
Annual fee: $0
Regular APR: 0% intro APR for the first 12 months, then 14.49% - 22.49% Variable APR will be applied.
Welcome bonus: Not technically. However, through Discover Cashback Match, you can get a dollar match for all of the cash you earn at the end of your first year.
Rewards: Unlimited 1.5% cash back on all purchases plus access to Discover online banking like all of the other Discover credit cards.
Discover it Chrome Credit Card
The Discover it Chrome credit card is also known as the Discover gas and restaurant credit card as it offers extra savings when you spend at restaurants and gas stations. In this way, it’s similar to the Discover secured credit card. However, unlike the secured credit card, this one requires no deposit and has a much lower APR.
Annual fee: $0
Regular APR: 0% intro APR for the first 14 months, then 11.99% - 22.99% Variable APR will be applied.
Welcome bonus: Not technically. However, through Discover Cashback Match, you can get a dollar match for all of the cash you earn at the end of your first year.
Rewards: Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter plus 1% cash back on all other purchases.
Other Banking Options: Earn Cheese
The Cheese Debit Card is one of the most popular solutions for non-traditional banking. As a prepaid debit card of sorts, you won’t be able to improve your credit score by swiping it, but it allows you to enjoy all of the perks of an account with zero fees and monthly charges. Ready to enjoy lots of savings perks and cashback opportunities? Sign up today to unlock financial opportunities.
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